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Hong Kong stocks movement | MGM CHINA (02282) fell over 6% after earnings, with a nearly 75% year-on-year increase in annual net profit and a payout ratio of about 20%.
MGM CHINA (02282) fell over 6% after the results were released. As of the time of this report, it has dropped 5.72% to 10.88 Hong Kong dollars, with a transaction amount of 64.5365 million Hong Kong dollars.
MGM China Logs Higher Profit, Revenue in 2024; Shares Slide 5%
Hong Kong Stock Morning Report | Siasun Robot&Automation and AI received further policy support. CHINA MOBILE's net profit exceeded 130 billion yuan last year.
① Shanghai Pudong: Will focus on humanoid robots, large models and other fields to create distinctive landmark parks. ② ShanDong: Vigorously promote the innovative development of AI and humanoid robot industries. ③ Foxconn Chairman Liu Yangwei: In two years, the Server business is expected to exceed the iPhone business, possibly achieving this year. ④ The State Council General Office: Improve the quality of Traditional Chinese Medicine to promote high-quality development of the Traditional Chinese Medicine industry.
Hong Kong Stock Announcement Gold Mining | CHINA MOBILE's profit attributable to shareholders for 2024 is 138.4 billion yuan, a year-on-year increase of 5%, with digital transformation revenue reaching 278.8 billion yuan.
Geely Autos (00175) announced its annual performance, with a profit attributable to Shareholders of 16.632 billion yuan, a year-on-year growth of 213%, and export sales hitting a historical high; AAC TECH (02018) published its annual performance as well, with a profit attributable to Shareholders of 1.797 billion yuan, reflecting a year-on-year growth of 142.7%, and a comprehensive breakthrough in its core Business.
MGM CHINA (02282) released its annual performance, with a profit attributable to shareholders of 4.603 billion HKD, an increase of 74.48% year-on-year. The group's performance continues to outperform the Macau Gambling industry.
MGM CHINA (02282) released its annual performance results for the year ending December 31, 2024, during which the group achieved...
MGM CHINA (02282.HK) reported a 74.48% increase in net profit for the fiscal year 2024, reaching 4.603 billion HKD, with a final dividend of 0.251 HKD.
On March 20, Glendon announced that MGM CHINA (02282.HK) released its annual performance report for the year ending December 31, 2024, with adjusted EBITDA of 9.059 billion HKD, an increase of 25.20% year-on-year; operating profit of 6.156 billion HKD, an increase of 35.38% year-on-year; and profit attributable to shareholders of 4.603 billion HKD, an increase of 74.48% year-on-year. This growth is mainly due to the continuous improvement in business operations following the easing of COVID-19 related travel restrictions in Macau since the end of 2022, resulting in an enhanced financial performance for the group. The Board of Directors recommends the distribution of a...
